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    Traverse City, MI Motels for Sale

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    Cedar, MI Williamsburg, MI Acme, MI Grawn, MI Suttons Bay, MI Kingsley, MI Maple City, MI Lake Ann, MI
    Boardman Riverfront Resort
    Updated: Sep 23
    Boardman Riverfront Resort

    6841 Brown Bridge Road, Traverse City, MI 49696

    $2,950,000
    10,404 sqft 40.00 AC lot
    40‑acre resort with 15 motel units and a private house
    Restaurant seats 147 and includes a liquor license
    25 campsites with restroom and shower buildings
    1,300 feet of private Boardman River frontage
    Meeting room for 55 and pavilion/game room for 113
    View details
    Furnished Rental Resort Property
    Updated: Apr 22
    Furnished Rental Resort Property

    2960 Arbutus Hill Road, Traverse City, MI 49696

    $3,800,000
    36.50 AC lot
    36.5 acres with direct frontage on Garfield Road
    18 furnished rental units with 1-, 2-, and 3‑bedroom layouts
    Four‑bedroom main residence with attached apartment
    22 bathrooms across the property
    8 miles south of Cherry Capital Airport
    View details
    Riverfront Resort with Lodging
    Riverfront Resort with Lodging

    Traverse City, MI 49696

    $2,950,000
    10,404 sqft 40.00 AC lot

    Lodging, dining, camping, recreation, and event facilities operate within a single resort property.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 3 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

    11481 Main St, Honor, MI 49640

    $750,000
    3,715 sqft 10.00 AC lot

    Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan

    View details
    Four-Unit Motel
    Four-Unit Motel

    2212 Valley Road, Honor, MI 49640

    $325,000
    2,189 sqft 2.68 AC lot

    Furnished lodging operation with guest amenities, support facilities, and a creek crossing the acreage.

    View details
    Updated Motel With Standalone Cottages
    Updated Motel With Standalone Cottages

    4871 US Highway 31 N, Central Lake, MI 49622

    $1,674,900
    5,654 sqft 2.76 AC lot

    Lodging property with guest accommodations, on-site living quarters, a garage/workshop, parking, and landscaped outdoor areas.

    View details
    Motel with Standalone Cottages
    Motel with Standalone Cottages

    Central Lake, MI 49622

    $1,674,900
    5,654 sqft

    Hospitality property with guest rooms, detached cottages, owner-operator living space, and outdoor areas near Torch Lake and Lake Michigan.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Buildable Land
    Waterfront Buildable Land

    6785 Fouch Road, Traverse City, MI 49684

    $250,000
    2.69 AC lot

    Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

    View details

    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1465 Us Hwy 31st N
    MOTEL

    1465 Us Hwy 31st N, Traverse City, MI 49686-3636

    Estimated value:
    $885,000
    5,312 sqft 0.68 AC lot
    View details
    1773 Us Hwy 31st N
    MOTEL

    1773 Us Hwy 31st N, Traverse City, MI 49686-3743

    Estimated value:
    $13,510,000
    720 sqft 3.80 AC lot
    View details
    1566 Us Hwy 31st N
    MOTEL

    1566 Us Hwy 31st N, Traverse City, MI 49686-3740

    Estimated value:
    $445,000
    2,266 sqft 1.31 AC lot
    View details
    1582 Us Hwy 31st N
    MOTEL

    1582 Us Hwy 31st N, Traverse City, MI 49686-3740

    Estimated value:
    $645,000
    18,444 sqft 1.06 AC lot
    View details
    1614 Us Hwy 31st N
    MOTEL

    1614 Us Hwy 31st N, Traverse City, MI 49686-3742

    Estimated value:
    $615,000
    22,428 sqft 1.12 AC lot
    View details
    2300 Us Hwy 31st N
    MOTEL

    2300 Us Hwy 31st N, Traverse City, MI 49686-3756

    Estimated value:
    $1,805,000
    9,488 sqft 1.89 AC lot
    View details
    1489 Us Hwy 31st N
    MOTEL

    1489 Us Hwy 31st N, Traverse City, MI 49686-3636

    Estimated value:
    $2,225,000
    16,221 sqft 1.61 AC lot
    View details
    4482 Spider Lk Rd
    MOTEL

    4482 Spider Lk Rd, Traverse City, MI 49696-9290

    Estimated value:
    $2,045,000
    7,208 sqft 0.80 AC lot
    View details
    360 Munson Ave
    MOTEL

    360 Munson Ave, Traverse City, MI 49686-3064

    Estimated value: by Request
    9,855 sqft 0.81 AC lot
    View details
    894 Munson Ave
    MOTEL

    894 Munson Ave, Traverse City, MI 49686-3602

    Estimated value:
    $350,000
    2,652 sqft 1.22 AC lot
    View details
    305 Munson Ave
    MOTEL

    305 Munson Ave, Traverse City, MI 49686-3069

    Estimated value: by Request
    19,530 sqft 1.45 AC lot
    View details
    305 Munson Ave
    MOTEL

    305 Munson Ave, Traverse City, MI 49686-3069

    Estimated value:
    $2,125,000
    9,184 sqft 1.39 AC lot
    View details
    1065 M 37
    MOTEL

    1065 M 37, Traverse City, MI 49685-8508

    Estimated value:
    $1,670,000
    17,698 sqft 1.32 AC lot
    View details
    539 Bay St
    MOTEL

    539 Bay St, Traverse City, MI 49684-2270

    Estimated value: by Request
    14,224 sqft 0.30 AC lot
    View details
    2035 Us Hwy 31st N28-16
    MOTEL

    2035 Us Hwy 31st N28-16, Traverse City, MI 49686-3749

    Estimated value: by Request
    1,032 sqft
    View details
    2035 Us Hwy 31st N5-44
    MOTEL

    2035 Us Hwy 31st N5-44, Traverse City, MI 49686-3749

    Estimated value: by Request
    1,464 sqft
    View details
    2035 Us Hwy 31st N9-44
    MOTEL

    2035 Us Hwy 31st N9-44, Traverse City, MI 49686-3749

    Estimated value: by Request
    1,420 sqft
    View details
    2035 Us Hwy 31st N23-17
    MOTEL

    2035 Us Hwy 31st N23-17, Traverse City, MI 49686-3749

    Estimated value: by Request
    1,464 sqft
    View details
    2035 Us Hwy 31st N26-17
    MOTEL

    2035 Us Hwy 31st N26-17, Traverse City, MI 49686-3749

    Estimated value: by Request
    1,060 sqft
    View details
    2035 Us Hwy 31st N26-44
    MOTEL

    2035 Us Hwy 31st N26-44, Traverse City, MI 49686-3749

    Estimated value: by Request
    1,060 sqft
    View details
    2035 Us Hwy 31st N20-16
    MOTEL

    2035 Us Hwy 31st N20-16, Traverse City, MI 49686-3749

    Estimated value: by Request
    544 sqft
    View details

    Traverse City, MI Motels Market Trends and Statistics

    Explore 44 motels for sale in Traverse City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,808 square feet of properties for sale, with an estimated market value of $9,700,000.

    Sale prices for motels in Traverse City, MI start at $2,950,000, averaging $3,233,333, and reaching up to $3,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 5
    Hotels 5
    Resorts 4
    Motels 3
    Campgrounds 2

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49696 $3.4M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Traverse City, MI

    • 49696

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Wentworth Real Estate Group
    300 Front St. Traverse City, MI 49684
    Phone: (231) 735-3435
    https:www.johnwentworthgroup.com
    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: (231) 941-5600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: (231) 947-8200
    Why this one?
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